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What is the best case for a state that you've heard in regards to the economy? I've been told that the state is needed in order to: 1) Protect private property 2) Protect basic rights so the mob doesn't rule you 3) Public goods (like paying for defense since if everyone thinks everyone else...
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I have noticed that the issue of public goods has been a contentious topic among libertarians. While many Austrians deny that "public goods" pose an exception to traditional free-market thought, others, such as those on EconLog and fringeelement's video series on libertarianism, propose...